UK House Price Index update: January 2025

The UK House Price Index is updated monthly, with March’s data reflecting changes that took place across the UK during January 2025. Lots has happened to house prices during the month. So, here are the headlines.  

The HPI headlines 

According to the latest government data, the average price of a home in the UK in January 2025 was £269,000. On average, this reflects a month to month increase of 0.2%, and an annual price change of 4.9%.  

Regional breakdown 

The average price of a home in England was £291,397, up 4.8% annually. In regions of England, the highest house price rise was in the North East, where prices increased by 9.1% over the year leading to January 2025. London had the lowest annual house price inflation, with prices rising just 2.3% in the year to January.  

In Wales, the average price rose 6% over the year to £209,579. In Scotland, prices hit £187,434 on average, rising 4.6% since January 2024. And in the 4^th quarter of 2024, homes in Northern Ireland were around £183,259, a 9.0% annual change.  

What’s happening to house prices near me?  

Curious about house prices in your area? Dive into your local neighbourhood’s house prices with our interactive House Price Index tool. You can also get the scoop on the average cost of homes near you, as well as a breakdown of how house types are performing, from flats to detached homes.  

And if you’d like to pin down exactly what your home’s worth – whether you’re looking to sell or curious about your next move – book a free valuation to be sure.